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363 Elsthorpe Road, Otane, Central Hawkes Bay

Versatile farm block with subdivision potential

Grazing
dollar

Tender

Bedroom
6
Bathroom
3
Land area
78.30ha
Title type
Freehold
Garage
2
On this page:

Tender

Tuesday
2:20pm
14
Apr

Property details

Listing # HR222425 | Listed on 2 March

Positioned in the heart of Central Hawke’s Bay, this 78ha (more or less) grazing and finishing property offers an outstanding opportunity for farmers, investors, or those seeking a productive rural lifestyle within easy commuting distance to nearby cities and key centres. The land is predominantly flat to easy contour, making it highly workable and ideal for grazing and finishing operations with the flats suitable for cropping. Well laid out and supported by good infrastructure. The property is currently under lease. Improvements include two dwellings – a character villa as the main home and a separate cottage (requires renovating), perfect for extended family, staff accommodation, or rental income. Good shedding and infrastructure provide everything needed for efficient farm management, including a 3-bay shed, half-round hay barn, implement shed and older cowshed. Adding significant value is the Resource Management approval granted in 2023 for subdivision into six lots, presenting exciting future development or investment potential. Whether you’re looking to expand your farming portfolio, secure a land-banking opportunity, or enjoy the benefits of rural living with income and development upside, this Central Hawke’s Bay property offers a great finishing block, versatility, and location. Phone today for further information or to arrange a viewing.

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